. Assuming that students' attitudes toward risk can be represented by a CRRA utility, we show that the risk-aversion parameter …

the average school-leaving age of students holding the same certificate or degree. We use past school-opening instruments …, and distance-to-the-nearest-college, also measured in the past, when students were entering grade 6, to identify the …

ILO pub-WEP pub. Working paper on the process of income transfers between and within households in Kenya and between … geographically separated units of the extended family - presents an econometrics study of the remittance function and income …

this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We … investigate this hypothesis empirically by instrumenting for local area income with time-series variation in global oil prices … an increase in income on health expenditures. Our central estimate is an income elasticity of 0.7, with an elasticity of …

of (1) rural migration, (2) women's age at marriage, (3) children mortality, and (4) educational level - constitutes part …